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2023-08-31-accounts

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ANNUAL REPORT FOR THE YEAR ENDING AUGUST 2023

The Royal Grammar Schoo! Worcester A private company, limited by guarantee Registered No. 6251081 Charity No. 1120644

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THE ROYAL GRAMMAR SCHOOL WORCESTER

A private company, limited by guarantee Registered No. 6251081 Charity No. 1120644

ANNUAL REPORT

FOR THE YEAR ENDED

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31 AUGUST 2023

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|||||| |---|---|---|---|---| |Index|Page| |Govemors’|Report|1-4| |Strategic|Report|5-20| |Auditor’s|Report|21-23| |Statement|of|Financial|Activities|24-25| |Balance|Sheet|26| |Cash|Flow|Statement|27| |Notes|to the Accounts|28-44|

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_ | THE ROYAL GRAMMAR SCHOOL WORCESTER GRAMMAR SCHOOL WORCESTER SCHOOL WORCESTER WORCESTER GOVERNORS’ REPORTYEAR ENDED 31 August 2023 REPORTYEAR ENDED 31 August 2023 ENDED 31 August 2023 31 August 2023 August 2023 2023 ! , : 7. The Principal Officers of the Charity during the year were:- were:Mr J D Pitt J D Pitt D Pitt Pitt Headmaster, RGS Worcester and Executive Head of RGS Worcester and Executive Head of Worcester and Executive Head of and Executive Head of Executive Head of Head of of The RGS Worcester Family of Schools RGS Worcester Family of Schools Worcester Family of Schools Family of Schools of Schools Schools | Mr G W G W W Hughes Headmaster, RGS The Grange The Grange Grange } Mrs L Brown Brown Headmistress, RGS Springfield ; MrTT Banyard Headmaster, RGS Dodderhill (appointed 1 September 2023) ; Mrs S E Atkinson Atkinson Headmistress, RGS Dodderfill (left 81 March 2023) ‘ Mr B R Edwards B R Edwards Edwards Director of Finance and Operations, Clerk to the Governors and Company Secretary i (appointed 27 February 2023) oo 8. Advisers to the School:- to the School:- the School:- School:Oe Bankers & & Uoyds Bank plc ni Investment Managers 4, The Cross, The Cross, Cross, Worcester, WR1 WR1 SPY , So Auditors Crowe U.K. LLP U.K. LLP LLP . i Black Country Country House, Rounds Green Green Road, Oldbury, B69 2DG 2DG Lo Solicitors Stallard March and Edwards (SME Solicitors} , 8, Sansome Walk, Worcester, WR1 1LW oo Insurance Brokers Hettle Andrews & Associates Limited . Eleven Brindley Place | 2 Brunswick Square - ee Birmingham _ Bi 2LP _ . 9. Governing Document. Memorandum and Articles of Association adopted on incorporation on 17 May : 2007 as amended by Special Resolution dated 27 June 2013. ; an 10. Governing Body. The Governors are listed on page 1 of this Report. 11. Recruitment and Training of Governors. New Governors are normally appointed at termly meetings on : the basis of nominations from a committee of Govemors. All nominations are made on the basis of eligibility, so personal competence, specialist skills and availability. New Govemors undertake a formal induction process ; under the guidance of a fellow Governor which covers the workings of the Charity, including Policies, ; . Procedures, Finances, the Clerk to the Governors and Governance. an 12. Liability Insurance. Governor and Individual Liability insurance is provided with a cover of £5m. oe 13, Organisational Management. The School Charity is organised and managed in accordance with Articles . of Governance, produced by the Governors, to control the general educational character of the School. The : Governing Body meets at least once per term. The Board’s policies are generally implemented by two main 5} committees; the Finance and General Purposes Committee (F&GP) and the Education Committee (EC), both het of which meet termly. Individual Governors are nominated to take a special interest in Safeguarding, Health ; and Safety, the Foundation Stage at each of the Prep Schools, CCF, Leaming Development, GDPR and for ig staff liaison in each school. The Governors directly appoint the Heads and the Director of Finance and ‘ | Operations. The Heads are each responsible to the Governors for the overall management of their school ; and the direction of teaching within the general policy and the delegated financial limits approved from time ) to time by the Governors. The Director of Finance and Operations is responsible directly to the Govemors Pod for the management of the grounds, buildings, plant, computing and IT, administration and finances of the School, and to support the Heads in the day to day running of their schools. Lf | ft

THE ROYAL GRAMMAR SCHOOL WORCESTER GRAMMAR SCHOOL WORCESTER SCHOOL WORCESTER WORCESTER GOVERNORS’ REPORTYEAR ENDED 31 August 2023 REPORTYEAR ENDED 31 August 2023 ENDED 31 August 2023 31 August 2023 August 2023 2023

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7. The Principal Officers of the Charity during the year were:- were:-
Mr J D Pitt J D Pitt D Pitt Pitt Headmaster, RGS Worcester and Executive Head of RGS Worcester and Executive Head of Worcester and Executive Head of and Executive Head of Executive Head of Head of of The RGS Worcester Family of Schools RGS Worcester Family of Schools Worcester Family of Schools Family of Schools of Schools Schools
Mr G W G W W Hughes Headmaster, RGS The Grange The Grange Grange
Mrs L Brown Brown Headmistress, RGS Springfield
MrTT Banyard Headmaster, RGS Dodderhill (appointed 1 September 2023)
Mrs S E Atkinson Atkinson Headmistress, RGS Dodderfill (left 81 March 2023)
Mr B R Edwards B R Edwards Edwards Director of Finance and Operations, Clerk to the Governors and Company Secretary
(appointed 27 February 2023)
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8. Advisers to the School:- to the School:- the School:- School:-
Bankers & & Uoyds Bank plc
Investment Managers 4, The Cross, The Cross, Cross, Worcester, WR1 WR1 SPY ,
Auditors Crowe U.K. LLP U.K. LLP LLP .
Black Country Country House, Rounds Green Green Road, Oldbury, B69 2DG 2DG
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THE ROYAL GRAMMAR SCHOOL WORCESTER | | GOVERNORS’ REPORT YEAR ENDED 31 August 2023 : I ;14,14, Employee Involvement and and Equal Opportunities. Opportunities. Employees have been consulted on issues of concem have been consulted on issues of concem been consulted on issues of concem consulted on issues of concem on issues of concem issues of concem of concem concem I to them by means of regular consultative committee and staff meetings and have been kept informed on ; [° specific matters directly by management. The School carries out exit interviews for all staff leaving the organisation and and has adopted adopted a procedure procedure of upward feedback for senior management and the Govemors. upward feedback for senior management and the Govemors. feedback for senior management and the Govemors. for senior management and the Govemors. senior management and the Govemors. management and the Govemors. and the Govemors. the Govemors. Govemors. ‘

;14,14, Employee Involvement and and Equal Opportunities. Opportunities. Employees have been consulted on issues of concem have been consulted on issues of concem been consulted on issues of concem consulted on issues of concem on issues of concem issues of concem of concem concem I to them by means of regular consultative committee and staff meetings and have been kept informed on [° specific matters directly by management. The School carries out exit interviews for all staff leaving the organisation and and has adopted adopted a procedure procedure of upward feedback for senior management and the Govemors. upward feedback for senior management and the Govemors. feedback for senior management and the Govemors. for senior management and the Govemors. senior management and the Govemors. management and the Govemors. and the Govemors. the Govemors. Govemors. The School has implemented a number of detailed policies in relation to all aspects of personnel matters 1 including: a. Equal Opportunities Policy E b. Health & Safety Policy In accordance with the School's Equal Opportunities Policy, the School has long established fair employment fo practices in the recruitment, selection, retention and training of disabied staff. Full details of these policies | are available from the Schoo!'s offices. . 15. Availability of Assets to Fulfil Obligations. It is the opinion of the Governors that the Schoo! is well ; placed to meet in full its current obligations. Statement of Governors’ Responsibilities : | : 16. The Companies Act 2006 requires the Governors, as Trustees of the Charity, to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the Charity and of the surplus r or deficit of income over expenditure for that period.

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  1. In preparing these financial statements, the Governors should follow best practice and are required to:

  2. a. select suitable accounting policies and apply them consistently,

  3. b. observe the methods and principles in the Charities SORP;

  4. c. make judgements and estimates that are reasonable and prudent,

  5. d. state whether applicable UK accounting standards have been followed subject to any material departures disclosed and explained in the financial statements, and

e, prepare the financial statements on the going concem basis unless it is inappropriate to presume that the Charity will continue in operation.

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  1. The Governors are responsible for keeping accounting records which are such as to disclose, with reasonable accuracy, the financial position of the Charity at any time, and to enable them as Trustees, to ansure that the accounts comply with charity law. The Governors are also responsible for safeguarding the Charity's assets and ensuring their proper application and hence for taking reasonable steps for the prevention and detection of error, fraud and other irregularities.

  2. 19, The Governors delegated authority to the Nominations Committee (NC) to assess the Board's adherence to the charity governance code issued in July 2017. Following a review of the seven principles underpinning the code the NC concluded that the RGSW Board is adhering to all of the principles. The Board unanimously andorsed this assessment at the December 2023 Board meeting.

  3. The Charity had no fundraising activities requiring disclosure under S162A of the Charities Act 2011.

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THE ROYAL GRAMMAR SCHOOL WORCESTER GOVERNORS’ REPORT YEAR ENDED 31 August 2023

  1. Statement as to Disclosure of Information to Auditors. The Governors who were in office on the date of approval of these financial statements have confirmed, as far as they are aware, that there is no relevant audit information of which the auditors are unaware. Each of the Directors have confirmed that they have taken all the steps that they ought to have taken as Directors in order to make themselves aware of any relevant audit information and to establish that it has been communicated to the auditor.

Auditors 22. Crowe U.K. LLP has indicated its willingness to be reappointed as statutory auditor.

Approved by the Board on 6 December 2023, and signed on its behalf by:-

Mr J Q S Poole Chair of Governors

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| | { | | THE ROYAL GRAMMAR SCHOOL WORCESTER STRATEGIC REPORT YEAR ENDED 31 August 2023 7

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STRATEGIC REPORT

Objectives and Activities

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  1. Strategies to achieve the Objectives.

  2. e Pastoral Care provision has been increased to support pupils and staff and the DSLs meet regularly

  3. L with the Safeguarding Govemor to ensure compliance and high-quality provision. Staff welfare has also been supported by recognising the commitment of staff through their annual pay review

  4. ‘ e The Director of Finance & Operations oversees budgets and the Strategy Group, Finance & General : Purposes Committee and the Board regularly check performance against budget and pupil numbers. A new Customer Relationship Management (CRM) system will be implemented to assist in supporting

  5. ro Admissions and monitoring progress * Teaching & Learning are reviewed regularly in each of the RGS Schools through lesson observation, reviews of examination results and Inspections. The Director of Innovation ensures that the RGS Schools remain in fine with the leading schools for digital leaming, including working with Apple

  6. : Education, attending and presenting at conferences and liaising with other technologically-advanced i schools nationally e The Assistant Head (Co-curricular) is overseging a review of co-curricular provision to ensure continuity

  7. i of provision, monitoring of participation and engagement by ail pupils ; e The IT Support Team overseen by the Director of Innovation work with the Designated Safeguarding Leads (DSLs) and Pastoral Tears to ensure that monitoring and filtering are at the appropriate levels

  8. : and any concerns addressed in a timely and appropriate manner, and in line with all guidance, including Keeping Children Safe in Education (KCSIE}

  9. ‘

  10. e The Foundation Office will continue to develop engagement with alumni and parents; a second ‘Giving Day’ will be organised to raise funds for Bursaries and additional reunions and other events will be

  11. 1 introduced ‘ e Bursaries are already provided for the pupils from Ukraine and additional language support and assistance with purchasing uniform, technology and travel expenses are included

  12. : e Requirements for the new ISI Inspection framework will be reviewed and training provided for Governors Po and staff as required. The staff who are trained Inspectors will complete Inspections and report back ;

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THE ROYAL GRAMMAR SCHOOL WORCESTER STRATEGIC REPORT YEAR ENDED 31 August 2023

Grant Making Policy

  1. Bursary Policy. The Governors wish to ensure that the opportunity for children to benefit from the education offered by the School is not unreasonably restricted by parents' ability to pay fees. Means-tested bursaries are made available in the form of a remission of up to 100% of the tuition fees payable, depending on the financial, compassionate or other pertinent circumstances of applicants. To ensure that people in genuine poverty are not excluded, as well as covering tuition fees, bursaries may be extended to cover or contribute towards the costs of such additional items as school lunches, uniform, travel costs, examination fees, equipment required for educational, sports or co-curricular activities and foreign exchange and other educationally important trips.

  2. Priorities. A number of factors will be considered when making the judgement as to the justification for support, and the extent of such support. In the main, a child's suitability for the School is the first consideration in granting a bursary. In assessing a child's suitability, attention will be given to their academic assessment, but potential will also be considered as well as actual achievement. Each applicant must meet the School’s norma! academic requirements and any pupil to whom support is offered must, in the opinion of the Head, be likely to make sound academic progress following admission and possess the potential to develop the quality of his or her work. A considerable degree of commitment and effort will be required and a good record of effort and behaviour in previous schools will be essential. Since The RGS Worcester Family of Schools are of high academic standards it will normally follow that those achieving the highest results in the entrance examination will be deerned most suitable. Consideration will also be given to how a pupil might benefit from participation in the wider, co-curricular activities on offer at the School.

  3. Assessment. Although the priority in making an award will be suitability, the amount will be based on financial need. Each case will be assessed on its own merits and awards are made accordingly, subject to available funding and the level of demand. It is recognised that judgements about what sacrifices a family should make to pay school fees will be personal and the scale of awards is therefore not rigid. However, the School has a duty to ensure that all bursary grants are well-focussed and so, as well as current eamings, other assets and lifestyle factors will be considered in determining the appropriate level of grant.

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. THE ROYAL GRAMMAR SCHOOL WORCESTER ; STRATEGIC REPORT YEAR ENDED 31 August 2023 ; ' 10. Grants. The Governors’ grant-making policy is tempered by there being no significant endowment funds available to provide additional financial support; bursaries therefore must be provided out of fee income. The ! grant-making policy has been subject to ongoing review in recent years with a view to increasing the [ number and value of means-tested awards. The Governors feel a certain dilemma in this respect since they have attempted over the years to keep fees as low as possible, whilst at the same time ensuring the School a has the means to provide an excellent education. This is manifest in the School's fees continuing to be i lower than similar independent schools in or around Worcester, and below the national average for ‘ comparable schools. The Govemors consider increases in fees to fund further bursaries to be . unreasonablesacrifices to payin thatfor the they advantages would placeof anfurtherindependenthardship schoolon the manyeducationparentsfor their who children.already make significant 41. Awards. Scholarships, bursaries and other concessions totalling £2,512,589 (2022: £2,132,580) have : been awarded during the year to a total of 590 (2022: 565) pupils. These awards included means-tested | bursary awards to the value of £809,518 (2022: £687,523) distributed among 94 (2022: 90) pupils, 3 (2022: 2) of whom received 100%+ remission. 42, Prizes. The School has a Prize Fund, invested in the COIF Charities Investment Fund with a value at 31 i August 2023 of £32,630 (2022: £33,720) which provides prizes under the Mytton and Blasson Legacies. All r- other prizes are funded from the School’s unrestricted funds.

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  1. Public Benefit. In setting objectives and planning activities the Governors have given careful consideration to the Charity Commission’s general guidance on Public Benefit. The Governors achieve this through providing use of the School’s facilities for a wide range of community events and activities and through outreach and partnerships provision for pupils from local state schools.

We continue to grow the number of local organisations who have used the facilities for activities and these include those listed below:

include those listed below:
Allen CricketCoaching
British Fencing
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Droitwich Cricket Club		 WorcesterBench ofMagistrates
Worcester BridgeAssociation
Worcester City FC
Droitwich TableTennis Worcester Competitive Arts
England Netball
[-Sing choir		 Worcester CountyCricketClub
WorcesterGins Grammar School Association
Leagues4You Netball
Little Kickers		 Worcester Hockey Club
Worcester Industrial Archaeological & Local
Perdiswell Colts FC History Society
Royal Mail Worcester Netball
Scottish RugbyUnion Pathway
University ofWorcester Hockey		 WorcesterRaiders
WorcesterWarriorsCommunity Foundation
WestMerciaPoliceDogTrainingUnit
  1. Outreach and Partnerships activities include assistance to loca! schools by sending RGS staff and pupils to support specific subjects and inviting pupils into the four Schools for academic and co-curricular events and activities.

a. RGS Worcester. During the academic year from September 2022 to July 2023, RGS Worcester hosted over 36 events. We also attended a number of jocal schools for assemblies and fairs and helped to support their curriculum and leaming. Over 1,400 pupils across 32 schools benefitted from the outreach programme, ranging from MFL, Science and Arts specific events, to hosting Worcester Primary Schools in a ‘Let's Sing’ event and a Lower Sixth pupil playing the Last Post for a local Primary School at their Remembrance Service. State school pupils were also invited to the RGS Careers & Higher Education Fair.

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THE ROYAL GRAMMAR SCHOOL WORCESTER GRAMMAR SCHOOL WORCESTER SCHOOL WORCESTER WORCESTER STRATEGIC REPORT YEAR ENDED 31 August 2023 ENDED 31 August 2023 31 August 2023 August 2023 2023 b. RGS The Grange. Outreach and partnerships included several events last academic year. In March, local schools brought their pupils to enjoy events such as coding, Teambuilding, French and Music and a number of Sporting events. As an Apple Regional Training Centre, running The Digital Leadership Academy attracted leaders from all over the the UK. Focusing on a range of topics topics from Hybrid Learning, How are you you handling it to Artificial Intelligence in Education, there was a great was a great a great great deal of interest with with over 300 300 staff signing up during the year.

15. Review of Achievements Achievements and Performance for the Year the Year Year

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| ‘ THE ROYAL GRAMMAR SCHOOL WORCESTER STRATEGIC REPORT YEAR ENDED 31 August 2023 ' c. RGS Dodderhill, Academic Achievements. 13 pupils sat GCSE examinations in Summer 2022. 39% of Grade were 9-7; 23% of pupils gained at least one Grade 9; 62% of pupils gained at least one [ grade 9-8: 77% of pupils gained at least one grade 9-7; 91% of all Grades were 9 — 4 which was above : the independent school average; 54% of pupils gained 5+ grades at 4 or above including English, Maths, Science and a Language; we also achieved one Grade C at FSMQ Maths. Most pupils achieved their first ro choice Sixth Form place; 3 pupils transferred to RGS Worcester for Sixth Form. 16. Cultural Activities : a. RGS Worcester. :, sawMusic. overThis 250 year’sperformersgrandestfromconcert,all four RGS‘A CallSchoolsto Peace’,presenttook a programmeplace in Worcesterof musicCathedralin the pursuitin March of peace.and l A new string composition by an Upper Sixth Form Music Scholar and songs presented by all RGS choirs preceded the concert's climax: a powerful performance of the choral suite from Karl Jenkins’ ‘The Armed : Man: A Mass for Peace’ for choir and full orchestra. Worcester Cathedral also hosted our annual and everoO popular traditional Caro! Service, a lunchtime recital given by our Sixth Form musicians, uplifting songs performed by Senior Choir at the school's Commemoration Service and, finally, St Richard's Hospice’s t reflective ‘Lights of Love’ service at which our Chamber Choir were once again privileged to sing. . The School’s other major concert venue — Perrins Hall on the RGS Worcester site played host to several ; impressive concerts. The sold-out Autumn Concert in November closed with a particularly poignant performance of Coldplay’s ‘Fix You’ by our largest ever Senior Choir, whilst Christmas with the Big Band Lo featured the debut performance of our Junior Jazz ensemble. The Spring Ensembles Concert offered an enthusiastic platform for our smaller ensembles, whilst the Piano and Vocal Masterclasses and Recitals each . saw a visiting professional soloist perform and work with our students. The ever-popular and energising : Cabaret evening was once again fronted by incredible Sixth Form vocal soloists and the Big Band, and a special charity concert for Ukraine was organised by a Year Ten Music Scholar. ‘Let’s Sing: Worcester’ saw ; singers from seven local primary schools raise the roof together in song in May, and on two other occasions our wind players performed to children from other local primary'schools to show them the joy of music. . The‘NuncChamberDimittis',Choira favouritesang anof theexcellentsingersEvensongthis year,ininSttheirPaul'srepertoire.CathedralOtherin concertsApril, includinghave includedHolst’s fiendisha mass i string ensemble performance in Pershore Abbey, two concerts with singers from Opera Worcester and a vibrant House Music Competition. Hours of private and group practice have enabled all of these i performances to take place in what has been a very successful musical year. Drama. In Drama, ‘Zorro The Musical’ was one of the most exciting, vibrant and demanding musicals : that RGS has ever tackled. The production started to take shape at the beginning of the academic year with : a full day pre-season read and sing through. As November arrived.the superb cast performed a 6-show run _ to sold-out audiences and standing ovations. The DIY Drama Company, this year with another record number ; announced.of scholars, Withmet forsuchtheira wealthauditionof talentafternoonnowinatcarlyRGSDecemberWorcester,andthethisproductionled to thewascastdoubleof ‘Hamlet’cast andbeingran ‘ for 4 nights with alternate casts each night. It was commented on as being a ‘remarkable’ piece of theatre adapted to fit the Viking theme and transforming the theatre into Valhalla and the scenery demonstrating the ' decay of Denmark. The year ended with the Summer production of 'Wind in the Willows’ which demonstrated : the skills of our younger performers and Mr Garrity’s first production as director, ably accompanied by the Lower Sixth Drama students. It was a brilliant piece of theatre and cleverly staged using Al images for the : scenery with the technical side superbly led by Mr Graeme.

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i | | - ROYAL GRAMMAR GRAMMAR SCHOOL WORCESTER WORCESTER ( REPORT YEAR ENDED 31 August 2023 YEAR ENDED 31 August 2023 ENDED 31 August 2023 31 August 2023 August 2023 2023 , | As well as in-house productions, the Department ran trips to the RSC in Stratford to watch ‘Richard III’ in I September and and ‘A Christmas Carol’ Christmas Carol’ Carol’ in November. The sixth formers sixth formers formers also took pari took pari pari in the the Cornwall residential ‘ in September and joined with Lower Sixth English Students on a a trip to Haworth, Yorkshire to explore the the ‘ | Bronte's for their study of Polly Teale’s ‘Bronté’ and Gothic Literature. The end of the the year saw saw an evening production for the Year 7 Drama Club on the theme of ‘Friendship’ - an enthusiastic group of young re: performers who who are showing showing great promise for the for the the future - and our Lower Lower Sixth performed their monologues monologues at the the Creative Arts Evening. ne Debating. The Debating Society enjoyed another immensely successful year with remarkable | achiavements and strong performances in prestigious debating competitions such as Oxford and Looe Cambridge Schools. Students of all ages showcased their formidable skills and determination, representing ; the school with excellence on both national and international platforms. RGS Worcester once again : progressed to the prestigious Oxford Schools Finals Day. A total of 116 teams from across the UK and to beyond gathered at the Oxford Union for this highly esteemed competition. A Year Eleven pair demonstrated their talent by securing an impressive 2nd place finish in Round 4. The RGS Worcester ae debaters fearlessly tackled diverse topics, ranging from artificial intelligence restrictions to the pros and so cons of career politicians. Continuing this success, two taams progressed to Cambridge Finals Day after a , 4 hotly contested regional qualifier. The teams faced challenging motions including the benefits of corporate ar sponsorship of academic studies and the responsibilities of social media. One pair remained undefeated, and the other achieved impressive results, finishing 1st and 2nd in two of their debates. The final : competition highlight of the year was ICYD Finals Day, also held at the Cambridge Union. Two Year Ten pupils achieved our best ever result, finishing 8" out of 56 teams and narrowly missing out on the semi ot finals. This was a superb achievement, with only the best young debaters in the world progressing to this a stage of the competition. ; To honour the achievements of the Debating Society throughout the season, a special Debating Society Dinner was held. This was attended by nearly 40 debaters from Year Eleven to the Upper Sixth and ‘ celebrated the year's successes as well as providing an opportunity to toast the accomplishments and bid oo farewell to those leaving. The Upper Sixth cohort's mentoring of younger debaters and fostering of skills and ideas among their peers contributed to the Society's continued growth and success. This work continues in .. the Juniors and Middles, with debaters from the Sixth Form leading the training of the Juniors. It has been encouraging to see the progress of so many budding young debaters who had the opportunity to 3 demonstrate their talents to visitors from RGS Springfield, RGS Dodderhill and RGS The Grange. a Design Technology. Once again, the DT department enjoyed an exceptionally busy year, with some outstanding work produced. The Upper Sixth led the way designing and making teaching lecterns right : through to adjustable rowing boat stands. Year Eleven produced some excellent pieces of modern furniture So for the home and creativity has abounded with students tackling their pieces with enthusiasm and Co determination. A Year Eleven pupil also managed to gain a prestigious Arkwright Scholarship: a highly ae competitive award given to engineers of the future. With now only around 300 awarded nationally, he did Do extremely well to gain the award, with a selection of other Year Eleven students narrowly missing out. : Greenpower continued to enthuse and inspire the next generation of budding engineers. The first race of tC the season took place at the iconic Goodwood Motor Circuit. With 87 cars whizzing around the track and a i Spitfire roaring overhead, the team finished in a fantastic 6" place. The following race at Mallory Race track really showcased the team’s abilities when they finished 3°. The International Final was held back at ‘ Goodwood; the team finished a highly commendable 14th out of the 83 that had qualified for this event, iy including one team all the way from Brazil! Boundaries and skills of students (and teachers at timesl) are mg really being pushed as the team grapple with new technologies and materials. ; Mr Hott took over the leadership of the Gardening Club and preparation began early in the year for the | School's entry into tha RHS Malvern Spring Show. The ever-growing group of students from Year Seven to 1 Nine designed a garden based around Frances Burnett’s book ‘The Secret Garden’. A 2 metre high wall : : was constructed in the department allowing both types of gardens written about in the book to be - designed and planted up by the students. With many of the plants grown from seed, it really was a hive of activity, with meticulous planning required. mf 10 i |i

THE ROYAL GRAMMAR GRAMMAR SCHOOL WORCESTER WORCESTER STRATEGIC REPORT YEAR ENDED 31 August 2023 YEAR ENDED 31 August 2023 ENDED 31 August 2023 31 August 2023 August 2023 2023

As well as in-house productions, the Department ran trips to the RSC in Stratford to watch ‘Richard III’ in September and and ‘A Christmas Carol’ Christmas Carol’ Carol’ in November. The sixth formers sixth formers formers also took pari took pari pari in the the Cornwall residential in September and joined with Lower Sixth English Students on a a trip to Haworth, Yorkshire to explore the the Bronte's for their study of Polly Teale’s ‘Bronté’ and Gothic Literature. The end of the the year saw saw an evening production for the Year 7 Drama Club on the theme of ‘Friendship’ - an enthusiastic group of young performers who who are showing showing great promise for the for the the future - and our Lower Lower Sixth performed their monologues monologues at the the Creative Arts Evening.

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‘THE ROYAL GRAMMAR SCHOOL WORCESTER STRATEGIC REPORT YEAR ENDED 31 August 2023 : : Art. The creative year began began with what has become the traditional become the traditional the traditional traditional visit to the the city for the aspiring for the aspiring the aspiring aspiring artists in Lower Sixth. With the title of their their forthcoming exhibition of ‘City Life’, pupils gathered visual i information both digitally and and through sketching and drawing. Architectural sites such as Shrub Hill Station, ; Diglis Basin and the Cathedral, all familiar places, took on a new significance when on a new significance when a new significance when new significance when significance when when studied closely and and residents and visitors to Worcester Worcester were willing subjects for portraits. The exhibition itself was was staged in the oo Cathedral. over over February half-term and received many compliments from a stream stream of visitors, visitors, not only : reflecting the the skill of our young young artists, but also the diversity of media used media used used and emerging individual styles.

Art. The creative year began began with what has become the traditional become the traditional the traditional traditional visit to the the city for the aspiring for the aspiring the aspiring aspiring artists in Lower Sixth. With the title of their their forthcoming exhibition of ‘City Life’, pupils gathered visual i information both digitally and and through sketching and drawing. Architectural sites such as Shrub Hill Station, Diglis Basin and the Cathedral, all familiar places, took on a new significance when on a new significance when a new significance when new significance when significance when when studied closely and and residents and visitors to Worcester Worcester were willing subjects for portraits. The exhibition itself was was staged in the oo Cathedral. over over February half-term and received many compliments from a stream stream of visitors, visitors, not only : reflecting the the skill of our young young artists, but also the diversity of media used media used used and emerging individual styles. 2022 was the year for the House Art Competition. The brief was to design a shield which included a three. dimensionaldragon cameelement a close secondto representto Elgar'sthe housevictoriousmascot.snarlingJudgingtiger.wasAll difficultthe shieldsbut eventuallyfrom the competition Wyide's ferociousnow : adom Main Hall. To mark National Holocaust Day in March Year Ten pupils were invited to provide artwork for the commemorative event in the city’s Guildhall. They provided a thought provoking and poignant f installation in memory of the survivors and victims of the genocide. Using lino-prints as their medium, the ! pupils aimed to show that the atrocities were indiscriminate of aga, social status or gender. The pupils’ work was much appreciated by the organisers and Civic Officers. In February, Year Eleven pupils travelled ' to Oxford to seek inspiration for their examination portfolios. The city never ceases to impress and the day included photography and drawing in the streets and architectural sites as well as museum visits. The _ Ashmolean Museum provided a wealth of material from casts of Ancient Greek gods to the contemporary . work of the Iraqi artist Dia A-Azzawi, the Museum of Natural History delighted with everything from butterflies to Brontosaurus bones, and the Pitt Rivers Museum fascinated with its archaeological and . anthropological collections. - i Throughout the year the imagination and hard work of our artists was impressive. Year Seven built on their _ foundations folders, exploring the formal elements as well as digital portraits inspired by Julian Opie. Year Eight worked in a variety of media, producing illustrative watercolours based on cell formation and quirky : masks inspired by Science Fiction and Steampunk. Year Nine worked with gestural mark-making to paint seascapes inspired by Kurt Jackson and their totem project went on display in June. The Lower School Art : Club continued to thrive with pupils having the opportunity to work in different processes than in class and .: thissome yearmindfulnessalso saw thecreativity.launch Collaboratingof our Draw Breathwith GardeningClub, whichClub,givesa Yearpupils Seven the opportunitypupil worked to relaxin ceramicsand enjoyto é produce a Green Man as part of the Schoo!’s ‘The Secret Garden’ exhibit-attheRHS Malvem Spring Show. The year finished with the Creative Arts Evening on a balmy June evening, when visitors wandered around , promenade-style enjoying multiple performances and exhibits, which offered the opportunity to showcase i the work of our talented artists. - Textiles. Once again, at the start of the academic year, RGS Worcester hosted the regional final for the Young Fashion Designer UK Competition, showcasing excellent work from across the Midlands. Two . students represented the School and each were awarded a prize for their excellent work, having been ; selectedfrom acrossby industrythe regionprofessionalsto take partwhoin an judgeexperiencethe competition.day that includedIn June, awe workshop welcomedandtalentedportfoliostudents \ presentation from previous winners and who now have successful careers in the fashion industry. Once again, an RGS Worcester student was selected as one of twelve finalists from over 150 entries and proved [ to be an award winner. Five RGS Worcester students {from Years Nine, Ten and Lower Sixth) were | selected as Finalists in the Fashion Icon National Competition in March, where the theme ‘Thriit Flip: Bridal to Camival' provided inspiration for the students to research, develop and present a final design idea. Each of the students had two months to make their final piece to exhibit. With the RGS students making up five : of the ten finalist places, it was a very special event, and even more so when the RGS students secured a , clean sweep of the top three positions. Year Ten pupils enjoyed a workshop with alumnae Sophie Wynne, Qwen as she demonstrated the technique of creating a pattern piece by draping fabric using the mannequin. This technical skill was enjoyed by all of the students who combined the research from their : visit to The Hive where their photographs and sketches provided inspiration to develop a silhouette that reflected the modern architecture. Lower Sixth students took part in a creative workshop provided by Hereford College of Aris and enjoyed an inspiring talk and practical workshop in the areas of Textiles and Photography. This provided the opportunity for students to develop pieces of work that could be incorporated into their portfolios in preparation for university interviews, as well as giving an insight into i university courses available in the creative subjects. The students also enjoyed a trip to London to gather research and inspiration for their forthcoming Personal Investigations. The Alexander McQueen exhibition

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THE ROYAL GRAMMAR SCHOOL WORCESTER | STRATEGIC REPORT YEAR ENDED 31 August 2023 7 was a particular highlight and the V&A historical fashion collection has developed an understanding of to garment silhouette, fabrics and the history of fashion design. All of the students enjoyed the opportunity to | showcase their work on the catwalk as part of the Creative Arts Evening. With a wide variety of pieces from tof Year Nine, GCSE and A Level students providing a colourful display as well as showing a broad range of bot complex skills in pattern cutting, fabric manipulation, pattern and print. ; b. RGS The Grange. 2022-2023 wasa fantastic year full of traditional and new events. Throughout the year we hosted several informal Concerts, encouraging children from as young as six to play in front of cod a live audience. This year in addition we added a new performance element with children having the — opportunity to perform their LAMDA pieces to parents and later through the year a Shakespearean | Monologues competition provided a further platform for our young drama enthusiasts. Michaelmas saw a yy range of Nativities in Early Years and Key Stage One with Year Three to Six enjoying performing at the ; Cathedral at the end of term in what is now a much-loved traditional event. Our Junior Choir and Chamber Choir took part in a beautiful Advent Service at Great Witley Church. The highlight of the term and possibly Po the year for Mrs Keetley-Smith was taking Year Six Choristers to perform for the first time at the Royal Albert Hall as part of ‘The Bamardo's Young Supporters Concert’ accompanied by the Royal Philharmonic rod Orchestra. Our ‘Performing Arts Week’ in January involved children across the School in Drama, Music and Dance with the ever popular ‘Play in a Day’ deftly presented by Year Five. This was followed up by ae Chamber Choir once again making the Barnardo's National Choir of the Year Finals held in Birmingham's ne Symphony Hall. In March, the Chamber Choir performed brilliantly at the joint RGS Worcester Concert in The Cathedral, led by Mr Soman. Our Summer Production, the Jungle Book was performed twice to - healthy audiences who also enjoyed a half time ice cream. The annua! production included all Year Six children in a range of roles including the now popular Prop Club children providing many of the stage po props. ABRSM and LAMDA results were again extremely positive. Despite the general business of Trinity re! term, parents were treated to a final concert which pulled together many of the individual year groups songs performed over 2022/23, to c. RGS Springfield. Pupils participated in plays and performances. Examples include: outdoor a Nativities, Carol Services celebrations, concerts and performances throughout the year with all children . participating at least once. A highlight was the production of ‘The Addams Family’ in March for those in our : Years Three to Six. Selected children also performed in the Worcester Festival of Performing Arts in both ot drama and musical categories. Children undertook Englisn Speaking Board exams, Music and Theatre | exams as well as LAMDA exams throughout the year. tt d. RGS Dodderhill. All pupils enjoyed a day trip to complement their curriculum each term, these ranged from a music trip to the City of Birmingham Symphony Orchestra, Blist Hill, a local farm, The Think Tank, ; Years Eight and Ten visited Ashes Hollow as part of their study of rivers and the History department took : senior pupils to the Black Country Museum. Years One and Two pupils went to the Jungle Hut, whilst ns nursery pupils took a trip to All Things Wild. Gifted and Talented pupils were able to experience a piano Lo Master-class at RGSW and younger Year Five pupils took part in a Tri-school Maths Challenge at The Grange. Year Eight pupils were given the opportunity to take part in the Farraday Challenge at RGS ae Worcester which focuses on Science and STEM creativity to solve problems. Senior pupils were enabled oo to support younger linguists when we hosted a Language morning focused on French Phonics ; 7 ' 17. Trips and Expeditions a. RGS Worcester. t.G i Duke of Edinburgh Award. The early expedition season in September started in eamest with Gold and ; i Silver trios near Anglesey and Snowdonia in North Wales and the Long Mynd in Shropshire, respectively. The Silver Expedition included over fifty Year Ten students embarking on their training expedition in beautiful ng weather conditions near Church Stretton. All groups had the opportunity to develop and apply a range of 4 skills in perfect conditions amongst the rolling hills covered in bracken and heather. Our Gold cohort : experienced a range of safety, technical, planning and organisational challenges throughout the weekend. ; Very wet and windy conditions affected most of the country and really tested the resilience, character and organisation of all students on all the March expeditions. Our more experienced Gold and Silver groups were | i | 12 i (|

| THE ROYAL GRAMMAR SCHOOL WORCESTER .- STRATEGIC REPORT YEAR ENDED 31 August 2023 | in Snowdonia and the Black Mountains and our : RGS The Grange and venturing out north of The Grange and venturing out north of Grange and venturing out north of and venturing out north of venturing out north of out north of north of of Worcester. The expedition season was completed t favourable conditions with an early British summer. of the River Severn kayaking between Shrewsbury ro explored the undulating undulating dales of the White Peak area of the White Peak area the White Peak area White Peak area Peak area area of Derbyshire.

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to During the October Half Term, the Army Contingent travelled to Belgium and The Somme to pay respects to those who had given their lives so we may live ours. The cadets visited a variety of cemeteries, both Allied . and Axis, with many commenting on the stark comparison between the two. The evening ceremony at the Menin Gate was as poignant as ever. Over the course of the trip, the cadets visited as many graves as / possible of former pupils who had given their lives, and said a prayer of thanks whilst delivering a : Remembrance Gross. oo In March, the Section retumed to the Venture Centre on the Isle of Man, where they were given a wide range of tasks, including water-based activities such as gorge walking, coasteering, and canoeing, as well as landbased challenges like an assault course, low and high ropes courses, and activities such as axe throwing, : archery, and air rifle shooting. The Royal Navy Section’s Section’s Field Day at HMS Day at HMS at HMS HMS ‘Raleigh was a highlight highlight of the the year, visiting HMS Iron HMS Iron Iron Duke and and the Submarine Museum Submarine Museum Museum as well well as seeing the RN the RN RN Fleet up close and up close and close and and personal on a harbour tour. The trip to harbour tour. The trip to tour. The trip to The trip to trip to to - the Isle of Man Man in July was July was was also very exciting where the Section pursued a very exciting where the Section pursued a exciting where the Section pursued a where the Section pursued a the Section pursued a Section pursued a pursued a a variety of aquatic and adventurous of aquatic and adventurous aquatic and adventurous and adventurous adventurous . activities including abseiling, canoeing and coasteering. fo For the the RAF Section, the first Field trio of the year was the year was year was was postponed due to the to the the passing of Queen Queen Elizabeth as RAF bases and personne! were involved RAF bases and personne! were involved bases and personne! were involved and personne! were involved personne! were involved were involved involved in preparations for the the national events events surrounding the Monarch’s the Monarch’s Monarch’s i Funeral. In October, a group group of senior senior Cadets took to the the skies at RAF Cosford for an an unforgettable flying day. This t was followed-up in February on a perfect winter’s afternoon, as Year Ten Ten Cadets then then had their chance chance axperiance manoeuvres such such as loop-the-loops loop-the-loops and barrel-rolis! L The March residential trip to RAF Cosford saw cadets participate in team-building physical activities, providing the section’s budding leaders with the opportunity to develop their communication and f management skills. The cadets also honed their drill sequences too, demonstrating hugs improvements improvements senior CCF staff on the parade square. A particular highlight was the unique tour of the technical training facilities, with invaluable insight from from staff working working on a range range of projects on a working on a working working station, as well well as an : introduction to the range the range range of careers careers available in the the RAF. : The Lower Sixth Geography students went to FSC Slapton Sands Lower Sixth Geography students went to FSC Slapton Sands Sixth Geography students went to FSC Slapton Sands Geography students went to FSC Slapton Sands students went to FSC Slapton Sands went to FSC Slapton Sands to FSC Slapton Sands FSC Slapton Sands Slapton Sands Sands for their 5-day fieldwork trip their 5-day fieldwork trip 5-day fieldwork trip fieldwork trip trip in March ; and the the Biologists stayed at FSC FSC Nettlecombe in Devon for their 2 their 2 2 night residential. The Drama department department

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in Snowdonia and the Black Mountains and our new Year nine students had a baptism of fire camping at RGS The Grange and venturing out north of The Grange and venturing out north of Grange and venturing out north of and venturing out north of venturing out north of out north of north of of Worcester. The expedition season was completed in much more favourable conditions with an early British summer. The Lower Sixth Gold group conquered a large portion of the River Severn kayaking between Shrewsbury and Gloucester, while seven Year Ten Silver groups explored the undulating undulating dales of the White Peak area of the White Peak area the White Peak area White Peak area Peak area area of Derbyshire. Finally, our large Year Nine Bronze cohort of 122 pupils completed their assessment in and around Malvern and the south Worcestershire countryside. Many subsequently enrolled at Silver level creating a record number for that award and proving that the Award Scheme is certainly thriving at RGS Worcester.

CCF. The School’s CCF Army Section undertook its usual sortie to the Nesscliff Training Area in September. The opening night saw the Section create a defensive harbour in Whites Wood before a successful day of training, during which cadets rotated between various stands designed to assist with the avening's night exercise when the cadets attempted to approach and survey an “enemy position" covertly. Though their use of night-vision equipment may have given them a slight unfair advantage, the cadets effectively applied the skill sets they had learned during the day, with the Lower Sixth cadets taking the lead and demonstrating their newfound leadership and command abilities.

The Royal Navy Section’s Section’s Field Day at HMS Day at HMS at HMS HMS ‘Raleigh was a highlight highlight of the the year, visiting HMS Iron HMS Iron Iron Duke and and the Submarine Museum Submarine Museum Museum as well well as seeing the RN the RN RN Fleet up close and up close and close and and personal on a harbour tour. The trip to harbour tour. The trip to tour. The trip to The trip to trip to to the Isle of Man Man in July was July was was also very exciting where the Section pursued a very exciting where the Section pursued a exciting where the Section pursued a where the Section pursued a the Section pursued a Section pursued a pursued a a variety of aquatic and adventurous of aquatic and adventurous aquatic and adventurous and adventurous adventurous activities including abseiling, canoeing and coasteering.

For the the RAF Section, the first Field trio of the year was the year was year was was postponed due to the to the the passing of Queen Queen Elizabeth II, as RAF bases and personne! were involved RAF bases and personne! were involved bases and personne! were involved and personne! were involved personne! were involved were involved involved in preparations for the the national events events surrounding the Monarch’s the Monarch’s Monarch’s Funeral.

In October, a group group of senior senior Cadets took to the the skies at RAF Cosford for an an unforgettable flying day. This was followed-up in February on a perfect winter’s afternoon, as Year Ten Ten Cadets then then had their chance chance to axperiance manoeuvres such such as loop-the-loops loop-the-loops and barrel-rolis!

The March residential trip to RAF Cosford saw cadets participate in team-building physical activities, providing the section’s budding leaders with the opportunity to develop their communication and management skills. The cadets also honed their drill sequences too, demonstrating hugs improvements improvements to senior CCF staff on the parade square. A particular highlight was the unique tour of the technical training facilities, with invaluable insight from from staff working working on a range range of projects on a working on a working working station, as well well as an introduction to the range the range range of careers careers available in the the RAF.

The Lower Sixth Geography students went to FSC Slapton Sands Lower Sixth Geography students went to FSC Slapton Sands Sixth Geography students went to FSC Slapton Sands Geography students went to FSC Slapton Sands students went to FSC Slapton Sands went to FSC Slapton Sands to FSC Slapton Sands FSC Slapton Sands Slapton Sands Sands for their 5-day fieldwork trip their 5-day fieldwork trip 5-day fieldwork trip fieldwork trip trip in March and the the Biologists stayed at FSC FSC Nettlecombe in Devon for their 2 their 2 2 night residential. The Drama department department visited Haworth in the heart of Bronte country and the PRD Department ran a week-long trip to Rome.

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| | ROYAL GRAMMAR GRAMMAR SCHOOL WORCESTER WORCESTER REPORT YEAR ENDED 31 ENDED 31 31 August 2023 2023 re In sports, the Rowers held a successful Portugal training camp in October Half Term and the senior Cricket squads enjoyed a[tour][to][India][in][February,][that][set][them][up][for][ a][successful][Summer][season][that] culminated in the 1 XJ sharing the trophy for the RGS Cricket Festival after a week of matches hosted by i | RGS High Wycombe. The Schoo! also ran its jargest ever trip during the February Half Term, taking 169 | pupils and 20 staff to ski in Sestriere in northern Italy and it proved to be a highly successful experience. b. RGS The Grange enjoyed taking children on a variety of academic, cultural and residential trips during Ig 2022 - 2023. Children across all age ranges were taken on trips each term which in most cases led to | related work on their return. The trips were extremely varied and included; Warwick Castle, Little Owls Farm Park, Blists Hill, Bishops Wood (Stone Age), RGSW Textiles, Churchfield, Loughbourgh University | (STEM), Royal Albert Hall, Smart Trees, Swan Theatre, Think Tank, Birmingham Botanical Gardens, nn Chedworth Roman Villa, Birmingham Sea Life Centre, Little Big Town, Worcester Woods (Running Club), . BETT Show, Fladbury Bell Boating, Worcester Fish Pass, Girls Football Trip and the Malvern Hills. The an residential trips included Malvern, Mili on the Brue, Bushcraft, Edale and France with some very lucky Year i | Five and Six Children also skiing in Aprica at February Half term. c. RGS Springfield provided as many opportunities as possible for pupils with a start of year Team ; i building overnight residential for Year Six and then residentials for all of those in Year Three to Six in the Summer term which were widely welcomed by pupils and parents. Local trips continued to support the ro widest possible educational offering such as Lower Smite Farm, Hartlebury Castle and Botanical Gardens : as well as the Think Tank in Birmingham. ; So, d. RGS Dodderhill. Theatre trios have played an important role of bringing texts to life as well as enriching pupils’ understanding of performances. Reception watched “The Friendly Giant’, all areas of the oS Prep School had a Christmas treat of a Pantomime of some description in Worcester or Birmingham. Senior pupils meanwhile visited the Ballet to see The Nutcracker as well as watching the play co ‘An Inspector Calls’ to enhance GCSE texts studied in Years Ten and Heven. Theatre was brought to life oo within the walls of the School with Years Nine and Ten watching ‘Zorro’ at RGS Worcester Performing Arts Centre, Year Five travelling to The Grange for a French Play, Matilda was performed by pupils in Year Four a - Year Beven and was a real ‘Whole School Triumph’. Reception to Year Four performed a Christmas Play, supported by Nursery who showed us their interpretation of the Nativity, Year Five had a ‘Twelfth my Night’ workshop; whilst Years Nine to Eleven welcomed a theatre company to school to perform ‘A . Christmas Carol’, another GCSE text studied here. In the summer term we also had a visit by a ; professional dance group who performed a stunning piece called 'The Pearl’ and worked with Senior pupils Ls in a series of workshops. Year Five spent the day at Malvern Outdoor Centre to help with their team 3 building skills. Years Five and Six visited PGL Beam House in Devon for a 3 day residential and Senior : pupils had the opportunity to travel overseas for the first time since the pandemic. One trip went to France ; whilst another trip went to Barcelona both enabling the language skills to be put to good use whilst also experiencing the culture away from home. Year Six finished their time in Prep during the final week of the pe Trinity Term by pitching their tents in the grounds of school and having a camp out with their teachers. i Sports 4 a. RGS Worcester. In the England Hockey Cup competition, the 1st XI Girls team were crowned ae Champions of the West region and secured a place in the National Cup Semi-Final, which was lost to an extremely talented Sevenoaks side. The team also retained the Severn Shield after securing a 0-0 draw ; against old rivals King’s School, Worcester. The Under 18 and Under 16 teams both qualified for the og Regional Indoor Finals with the Under 18s finishing runners up but eventually lost to current long-standing i national title holders, Repton School. In Boys Hockey, Year Seven to Nine boys attended training throughout the Michaelmas and Lent Terms and enjoyed the introduction of competitive midweek i matches. 25 pupils were selected for the Under 13 and Under 15 Worcestershire County Girls and Boys sy Squads which enjoyed success at Regional toumaments. Three students were also selected for the Under 17 Regional Talent Academy, whilst two Upper Sixth students played National League. One of them was jf also a member of the England Under 18 squad, and gained selection into the GB Elite Development an Programme. RGS Worcester also hosted tournaments and events at Worcester International Hockey : Centre and pupils from local primary schools benefited from coaching clinics run at the Centre in which 14 | fog t ]

THE ROYAL GRAMMAR GRAMMAR SCHOOL WORCESTER WORCESTER STRATEGIC REPORT YEAR ENDED 31 ENDED 31 31 August 2023 2023

18. Sports

b : THE ROYAL GRAMMAR SCHOOL WORCESTER ! . STRATEGIC REPORT YEAR ENDED 31 August 2023 : RGS Sports leaders assisted and shared their skills and knowledge to help inspire more children to play Hockey. In Rugby, although the 1st XV had an inconsistent season, their 20-17 victory over King’s School, Worcester in the Modus Cup at The Sixways Stadium was the undoubted highlight and played in front of a | : 4,000 speciators. In Rugby Sevens, RGS competed in 4 competitions at Rosslyn Park and the Under 18 | Giris enjoyed the best results, qualifying for the 2™ day in only their second atternpt. A number of students : . gamed notable recognition and honours including the 1 XV Captain who won 3 caps for England Under 18s, a Lower Sixth student was selected for the England Women U18s and another Lower Sixth who won a Scotland Under 17s cap. In addition, 9 pupils from Years Nine, Ten and Eleven were selected for the Regional, West Midlands Academy. r Netball at RGS Worcester has thrived, from the 1° Vil being crowned Superball and County Champions to : face paint and fun at Year Seven House Netball, there really has been a great contribution from all pupils ; across the School. The 1 Vil Netball team were crowned Under 19 Worcestershire County Champions aa and then eclipsed this achievement with both 1 and 2™ teams winning 31-21 and 41-36, respectively in the annual Superball derby at-the University Arena. There were also various notable personal i achievements: 2 pupils rnaking the Severn Stars Netbali Performanc League squads, 3 in the PDP squad . and 3 in the Nova Academy. t. The 1 XI Football team had one of its most successful seasons losing only twice and securing a dominant 2-0 victory in The Challenge Cup against King's School, Worcester in front of a record crowd of , — enthusiastic spectators at Sixways Stadium. RGS also hosted a Worcester City Girls Under 12 and Under ' 43 6-a-side festival as well as the annual Alumni 6-a-side tournament, which attracted nearly 100 competitors. Two Year Nine pupils, both goalkeepers, were selected for the England Under 15 training ‘ r squad and one of them was then selected to represent England Under 16s in two fixtures, winning his first cap against Italy in Florence. . . InseasonCricket,comingafter aauthighlyjoint successfulfirst atthe RGStour ofCricket India overFestival the atFebruary RGS HighHalf Wycombe. Term, the 1{n theXI had annual a successful match . - against King's School, Worcester the openers compiled a record 239: run partnership as the team set a - total 387 after 50 overs. Sadly, a sudden downpour prevented the team from securing the victory that was ; all but assured. Girls’ Cricket really took off this year with our first ever 1 XI matches. The Under 13 Boys | Cricket team reached the final 8 schools in the national Bunbury Cup, aided by back-to-back centuries from one talented Year Eight pupil. A Lower Sixth student was selected from a pool of 2,800 to play for the MCC Schools team at Lord’s. : The Boat Club enjoyed significant success this year building on their October training camp that was held in . Portugal during Half Term. In particular, the Mens Junior 18 Quadruple scull, the Womens Junior 18 Double ,; Scull and three WJ16 Single Scullers produced some notable performances. These led to an Upper Sixth t student being selected for Wales at Under 21 level and two Lower Sixth students, having won four medals in the British Junior Rowing Championships went on to race in the W J16 Single Sculls at the GB v France | : Match Trials at the National Watersports Centre in Nottingham. At the National Schools Regatta, the same [ Year Eleven performed exceptionally to finish 5" in the Junior 16 A Final. | In other sports: e The Junior Boys and Junior Girls qualified for the National Relay Swimming Finals at the London — : Aquatic Centre, with the Junior Girls’ team finishing Sth in the Medley Final. ; e TwoSeveralpupilsFencersachievedqualifiedMedalsfor theat theBritish World YouthDanceChampionship Championships.National Finals and a Year Eleven pupil : competed at international Under 17 Cadet fevel in Copenhagen. e Athletes competed in meetings at Marlborough College, Bromsgrove and various District, County, Regional and National Championships. At the National Under 20 Championships, an Upper Sixth : athlete finished 4" in the 400m and was subsequently selected for the GB Junior team. At an international meeting in Germany he finished 5” in the indivdual event and won Gold in the 4x400 relay, setting a new record for the meeting. 15 ;

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Growth sports have included both Girls Football, Boys Hockey and Cricket.

Sporting achievements across Years Three to Six are evident both in and out of school. Although somewhat embarrassing, Year Four girls and boys did well winning a number of the RGS The Grange toumaments. Other highlights included; National Cricket Runners Up, IAPS Tennis Plate Winners, Nationa! Preparatory Athletics Finalists, England Schools Cross County Finalists, Worcester City Cross Country Champions, Worcester City Swimming Champions, [APS National Swimming Finalists and IAPS Cricket Winners (South West). It is worthy of note that children were also successful at a number of local sporting tournaments.

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1 THE ROYAL GRAMMAR SCHOOL WORCESTER a STRATEGIC REPORT YEAR ENDED 31 August 2023 ‘ supported Macmillan Cancer Support, The Myriad Centre, Worcester Snoezelen, St Richard's Hospice and Acorns Children’s Hospice. Our Librarian raised over £800 for Read for Good with a Readathon for ' Lower School pupils. Two teachers ran the London Marathon raising nearly £4,000 for Spinal Research : and £1,200 for Worcester Snoezelen respectively. The Poppy Appeal for the Royal British Legion, raised over £1,000 breaking School records, and the Maggs Day Centre benefitted from the donations to the ro Lower Schoo! Harvest Festival and one Year Ten pupil travelled a marathon distance in a wheelchair with her family.

f Governors’ policy is to manage the finances of the School in such a way as to generate sufficient Free Reserve ' to meet the current development plans whilst maintaining prudence given the prevailing economic climate. The Governors consider that free reserves in the order of £2.0m, or approximately 2 months’

. operating costs would be desirable, subject to the prior demands of further capital expenditure needed to achieve the School’s strategic plan.

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THE ROYAL GRAMMAR SCHOOL WORCESTER
STRATEGIC REPORT YEAR ENDED 31 August 2023
Free Reserves, excluding pension deficit 2023 2022
Unrestricted Funds 25,149£000 24,638£000
Less Fixed Assets (21,654) (21,955)
Pension deficit (due in more than one year) 168 238
3,663 2,921
Restricted Funds total 53 AY
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23. Investment Policies. The Governors employ a low risk investment strategy. .
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b. Deposited funds.

Principal Risks and Uncertainties

  1. Risk management. The Governors continue the examination of the principal areas of the School's operations, in conjunction with the Strategy Group, reviewing the major risks faced in each of these areas on at least a termly basis. A formal review of the Charity's risk management processes is undertaken annually. Where appropriate, the Governors allocate resources and establish review systems to allow these risks to be monitored and mitigated to an acceptable level in day-to-day operations of the School.

The main controls include;

The current most significant risks continue to be associated with maintaining sustainability of fee income against a challenging economic backdrop, managing a rising cost base, and the complexity associated with remaining compliant with all relevant requirements.

The Governors consider a significant source of financial risk to be that of the funding requirements of the various pension schemes for teachers and non-teaching staff which are impacted by factors outside the School's control. In order to mitigate this risk, the current and foreseeable service cost is monitored and

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; i THE ROYAL GRAMMAR SCHOOL WORCESTER ; STRATEGIC REPORT YEAR ENDED 31 August 2023 {7 periodic actuarial valuations are reviewed to assess the impact of external factors on the scheme liabilities. Strategies are then considered accordingly. The Governors have received guidance from ISBA relating to i The Labour Party’s intention to levy VAT on schoo! fees if elected at the next general election. This clearly E constitutes a-significant risk to the School in terms of its impact on the overall cost of school fees and the affordabllity. Independent School bodies are predicting a withdrawal of pupils in the region of 20-25%. ; Financial modelling and forecasting has been instigated to gain an understanding of the effect on the School should this be implemented. It has also been suggested that the charitable status of Independent Schools , may be removed. Both parties are suggesting they will remove the current 80% rates relief that the School . benefits from as a Charity, which adds considerably to the School's overheads. t Future Developments 25. Objectives. The immediate key objectives within the current Strategic Development Plan are: i e Continue to facilitate the drive for excellence in ail aspects of the Schools’ operations [ e Enhancement of the RGS Worcester infrastructure and facilities e Further development of the Digital Learning Programme 7 e Continued integration of RGS Doddernhill into The RGS Family of Schools : * Increase other income streams. : 26. Worcestershire Intemational Hockey Club Limited. RGS Worcester and Worcester Hockey Club have : Theestablishedproject acostjointis venture, to be financed Worcesterby wayInternational of equal contributions Hockey Ltd, whichfrom each wasof incorporated RGS Worcesterin December and Worcester 2019. | Hockey Club in addition to a tong term loan to be provided by Worcester County Council loan of £2.1m. r 27. Key Management Personnel. Tho Officers of RGS Worcester are the four Heads and the Director of | Finance and Operations, collectively referred to as the Strategy Group. Their remuneration is reviewed annually by Governors at their Summer Board meeting. The process of review is led by the Chair of ; Governors, and is initially conducted in discussion with the three Chairs of the Governors’ sub committees. The key inputs to this review are updated -benchmarking data from third party sources and annual i performance appraisals of each of the Officers. 28. Section 172(1) Statement - Stakeholder Engagement. The Governors have acted in accordance with \ their duties codifed in law, which include their duty to act in the way in which they consider, in good faith, would be most likely to promote the success of the School for the benefit of its members as a whole, having r regard to the stakeholders and matters set out in section 172(1) of the Companies Act 2006. i Pupils. Pupils benefit from the School's excellent pastoral provision with staff placing as much importance

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Pupils. Pupils benefit from the School's excellent pastoral provision with staff placing as much importance on pupils’ all-round personal development as they do on academic progress.

Employees. The School recognises that the qualities, skills and commitment of its employees play a major role in the School’s success. Regular briefings keep staff informed of School-wide developments, and wideranging employee benefits enhance their quality of life. Staff wellbeing has been a key focus this year and will be a continued area of attention, along with equality, diversity and inclusion,

Parents. The School recognises the many benefits of engaging with parents and has reimagined its communications with parents over the past 12 months. An historic reliance on written communication has given way to digital innovations such as streaming live and recorded audio-visual events and podcasts.

Community: The Schoo! is proud of its place in the local community and conscious that it has a significantly beneficial impact on the local economy and on local cultural life.

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THE ROYAL GRAMMAR SCHOOL WORCESTER STRATEGIC REPORT YEAR ENDED 31 August 2023

29. Streamlined Energy and Carbon Reporting summary

|Summary
Data for1Septemberto31 August |2023
si:2022
Total Energy Use
3,694,606kwh
4,433,466 kwh| |---| |Total Greenhouse Gas Emission
695 tC02
834.3tC02| |[Totalpupis
Cid 8S
0.43tC02perpupil_|0.53t002perpupil|

UK Energy use covers The Royal Grammar School Worcester’s activities across four schools. RGS Worcester continues to follow the recommendations of the ESOS report of 2019. Following on from the upgraded thermally efficient windows, further insulation has continued and the Schools have a rolling programme to replace all existing lights with LEDs. We have also upgraded nearly all electric distribution boards.

Associated Greenhouse gases have been calculated using the UK Government GHG conversion factors for Company reporting for 2022.

Approved by the» 6 December 2023, and signed on its behalf by:-

Mr J Q S Poole Chair of Governors

i3 | | ; , THE ROYAL GRAMMAR SCHOOL WORCESTER ; INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS | : Opinion 1 | We have audited the financial statements of The Royal Grammar School Worcester (‘the charitable company’) | t for the year ended 31 August 2022 which comprise the Statement of Financial Activities, Balance Sheet, Cash Flow Statement and notes to the financial statements, including significant accounting policies. The financial . ' reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting | ; Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK . and Republic of ireland (United Kingdom Generally Accepted Accounting Practice). | :if | \ In our opinion the financial statements: e give a true and fair view of the state of the charitable company's affairs as at 31 August 2022 and of its | Z 1 income and expenditure, for the year then ended; i « have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and i * have besn prepared in accordance with the requirements of the Companies Act 2006. 7 Basis for opinion |

- We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance a with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these ‘ requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a i basis for our opinion. L Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustee's use of the going concer basis of : : accounting in the preparation of the financial statements is appropriate. L. Based on the work we have performed, we have not identified any material uncertainties relating to events or , conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are . authorised for issue. : Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the i relevant sections of this report. ; : Other information The trustees are responsible for the other information contained within the annual report. The other information . . comprises the information included in the annua! report, other than the financial statements and our auditor's : report thereon. Our opinion on the financial statements does not cover the other information and, except to the - extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. t ;E Ourmateriallyresponsibilityinconsistentis to withread thethe financialother informationstatementsand,or ourin doing knowledgeso, considerobtained whetherin the theauditotheror otherwiseinformationappearsis ‘ to be materially misstated. If we identify such material inconsistenciés or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements { themselves. If, based on the work we have performed, we conclude that theré is a material misstatement of this | : other information, we are required to report that fact. | We have nothing to report in this regard.

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THE ROYAL GRAMMAR SCHOOL WORCESTER INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS Opinions on other matters prescribed by the Companies Act 2006

in our opinion based on the work undertaken in the course of our audit

Matters on which we are required to report by exception

In light of the knowledge and understanding of the charitable company and their environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors’ report included within the trustees’ report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of trustees

As explained more fully in the trustees’ responsibilities statement, the trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such intemal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the charitable company’s ability to continue as a going concem, disclosing, as applicable, matters related to going concer and using the going concem basis of accounting unless the trustees either intend to liquidate the charitable company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when It exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements. Details of the extent to which the audit was considered capable of detecting irregularities, including fraud and non-compliance with laws and regulations are set out below.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our aucitor’s report.

Extent to which the audit was considered capable of detecting irregularities, including fraud Irregularities, including fraud, are instances of non-compliance with laws and regulations. We identified and assessed the risks of material misstatement of the financial statements from irregularities, whether due to fraud or error, and discussed these between our audit team members. We then designed and performed audit procedures responsive to those risks, including obtaining audit evidence sufficient and appropriate to provide a basis for our opinion.

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THE ROYAL GRAMMAR SCHOOL WORCESTER INDEPENDENT AUDITOR’S REPORT TO THE MEMBERS

We obtained an understanding of the legal and regulatory frameworks within which the charitable company operates, focusing on those laws and regulations that have a direct effect on the determination of materia! amounts and disclosures in the financial statements. The laws and regulations we considered in this context were the Companies Act 2006, taxation legislation, together with the Charities SORP (FRS 102). We assessed the required compliance with these laws and regulations as part of our audit procedures on the related financial statement Items.

in addition, we considered provisions of other laws and regulations that do not have a direct effect on the : financial staternents but compliance with which might be fundamental to the charitable company's ability to operate or to avoid a material penalty. We also considered the opportunities and incentives that may exist within the charitable company for fraud. The laws and regulations we considered in this context for the UK operations [ were The Education (Independent Schoo! Standards) Regulations 2014, General Data Protection Regulation (GDPR), Health and Safety legislation and Employment legislation. Auditing standards limit the required audit procedures to identify non-compliance with these laws and : regulations to enquiry of the Trustees and other management and inspection of regulatory and legal ; correspondence, if any. ' We identified the greatest risk of material impact on the financial statements from irregularities, including fraud, to be within the override of controls by management. Our audit procedures to respond to these risks included ‘ enquiries of management, and the Finance & General Purposes Committee about their own identification and ; estimatesassessmentforofbiases, the risksreviewing of irreguiarities,regulatory samplecorrespondence testing on thewith postingthe Charityofjournals, Commission,reviewingIndependentaccountingSchools ‘ Inspectorate, OFSTED and reading minutes of meetings of those charged with governance. ( Owing to the the inherent limitations of an an audit, there is an unavoidable risk that we that we we may not have detected some

( Owing to the the inherent limitations of an an audit, there is an unavoidable risk that we that we we may not have detected some material misstatements in the financial statements, even though we have properly planned and performed our audit in accordance with auditing standards. For example, the further ramoved non-compliance with laws and ¢ regulations (irregularities) is from the events and transactions reflected in the financial statements, the less likely the inherently limited procedures required by auditing standards would identify it. In addition, as with any audit, . there remained achigher risk of non-detection of fregularities, as these may involve collusion, forgery, intentional . omissions, misrepresentations, or the override of internal controls. We are not responsible for preventing noncompliance and cannot be expected to detect non-compliance with all laws and regulations. Use of our report - This report is made solely to the charitable company’s members, as a body, in accordance with Chapter 3 of | Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the charitable company’s members those matters we are required to state to them in an auditor's report and for no ; other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone : other than the charitable company and the charitable company’s members as a body, for our audit work, for * this report, or for the opinions we have formed. - Kerry Brown Pariner i For and on behalf of i Crowe U.K. LLP Statutory Auditor t Black Country House Rounds Green Road Oldbury ; B69 2DG [Date] v2 Nad. ds Ue

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THE ROYAL GRAMMAR SCHOOL WORCESTER STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED 31 AUGUST

(including the Income & Expenditure account)

||Note|Unrestricted
Funds
£000|Restricted
Funds
£000|Restricted
Funds
£000|Endowed
Funds
£000|2023
Total
£000|2022
Total
£000||
O||
O| |---|---|---|---|---|---|---|---|---|---| |INCOMINGRESOURCES||||||||||| |Income from Charitable Activities:|||||||||t| |School fees|1.|20,584||-|-|20,584|18,641:|||| |Other educational activities|2.|21||-|-|21|19||| |Other ancillary activities
OtherIncome:|2.|1,092||-|-|1,092|904|—
.|!
|| |Other incoming resources
Investment income:|2.
2.|338
91||-
1|-
-|338
92|184
10|§
§||
|| |Voluntary income:|2.|11||209|-|220|100||| |Total Incoming Resources||nonnann—=
22,137||alalaletaiaiaiaia
210|momocca
-|memes
22,347|Saeenne
19,858|.|| |EXPENDITURE ON:||||||||mg|| |Raising Funds:||||||||f°|| |Fundraising Costs|3.|214||-|-|214|108||| |Charitable Activities:||||||||to|| |School||21,412||198|-|21,610|19,172||:| |Total Expenditure|3.|21,626||198|-|21,824|19,280||_.| |NETINCOMING||511||12|-|523|578||«|| |FUNDS FROM OPERATIONS|||||||||| |BEFORETRANSFERS|||||||||| |Investment gains/(losses)|9,|-||-|(5)|(5)|(13)||0| |NETMOVEMENT IN FUNDS||511|,|12|(5)|518|565||| |Fund balancesat
1 September||24,638||41|277|24,956|924,301||| |Fund balances at31 August||25,149||53|272|25,474|24,956||+.| |Alloperationsarecontinuing.|||||||||po|

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THE ROYAL GRAMMAR SCHOOL WORCESTER STATEMENT OF FINANCIAL ACTIVITIES FOR YEAR ENDED 31 AUGUST (PRIOR YEAR) (including the Income & Expenditure account)

Note Unrestricted
Funds		 Restricted
Funds		 Endowed
Funds		 2022
Total
£000 £000 £000 £000
INCOMING RESOURCES
Incomefrom Charitable Activities:
School fees		 1. 18,641 - - 18,641
Other educational activities
Other ancillary activities		 2.
2.		 19
904		 -
-		 -
-		 19
904
Other Income:
Other incoming resources 2. 184 - - 184
Investmentincome:
Voluntary income:		 2.
2.		 9
3		 1
97		 -
-		 10
100
Total Incoming Resources 19,760 98 - 19,858
EXPENDITURE ON:
Raising Funds:
Fundraising Costs 3. 108 - - 108
Charitable Activities:
School 19,064 108 - 19,172
Total Expenditure 3. 19,172 108 - 19,280
NETINCOMING
FUNDS FROM OPERATIONS		 588 (10) - 578
BEFORETRANSFERS
Investment gains/(losses) 9. - - (13) (13)
NETMOVEMENTIN FUNDS 588 (10) (13) 565
Fund balances at 1 September 24,050 51 290 24,391
Fundbalancesat31August 24,638 41 277 24,956

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THE ROYAL GRAMMAR SCHOOL WORCESTER

BALANCE SHEET at 31 August

Note 2023 2022
£000 £000
FIXED ASSETS
Intangible Assets for Operational Use 5a. 9 28
Tangible Assets for Operational Use Db. 21,644 21,927
Investments—COIF 6a&b. 272 277
Investments in Subsidiary 6c. 1 1
21,926 22.233
CURRENT ASSETS
Debtors
Stock		 7a. 3,673
28		 3,720
21
Cash at bankand in hand fAoy 4,886 1,688
Short term deposits 7b. 1,000 2,500
9,587 7,929
CREDITORS: Due within oneyear 8a, (3,692) (83,712)
NETCURRENTASSETS 5,895 4,217
TOTAL ASSETS less NETCURRENT 27,821 26,450
LIABILITIES
CREDITORS: Due after more than one year
Pension deficit funding liability 12c. (168) (238)
Fees received in advance 8b. (2,179) (1,256)
(2,347) (1,494)
TOTAL NETASSETS 25,474 24,956
Endowed Funds 9. 272 277
Restricted Funds 9. 53 41
Unrestricted Funds 9. 25,149 24,638
25,474 24,956

Approved andGe by the Board of Governors, and signed on its behalf by:-

Mr J QS Poole Chair of Governors 6 December 2023

The notes on pages 28 to 44 form part of these financial statements

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: CASH FLOW STATEMENT FOR YEAR ENDED 31 August t

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THE ROYAL GRAMMAR SCHOOL WORCESTER

2023 2022
£000 £000
Cash flows from operating activities
Net cash provided by operating activities 2,627 (72)
Cash flowsfrom investing activities
Dividends and interest from investments 91 9
Proceedsfromthesaleoffixed assets - 22
Purchase of tangible fixed assets (1,020) (962)
Netcash used in investing activities (929) (931)
Change in cash and cash equivalents in the reporting period 1,698 (1,003)
Total cash and non-cash movemenis 1,698 (1,003)
Cash and cash equivalents at the start oftheyear 4,188 5,191
Cashand cash equivalents atthe end ofthe reporting period 5,886 4,188
A. Reconciliation ofcash flowsfrom the operating activities
Netincome fortheyear 518 565
Depreciation and amortisation charges 1,316 1,289
Dividends from investments (91) (9)
(Increase}/decrease in stock (7) 9
Decrease/(increase) in debtors 47 (392)
Increase in creditors 907 701
CBIL Bankloan . (2,000)
Decrease in pension deficitfunding
Investment losses		 (68)
5		 (241)
13
2,627 (72)
——— ==sa==
Analysis of cash and cash equivalents
Cash in hand 4,886 1,688
Shortterm deposits 1,000 2,500
5,886 4,188
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The notes on pages 28 to 44 form part of these financial statements

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THE ROYAL GRAMMAR SCHOOL WORCESTER NOTES ON ACCOUNTING POLICIES FOR THE YEAR ENDED 31 August 2023 Legal Status. The Company is registered at Companies House, Cardiff, as a private company, limited by guarantes, registered number 6251081. The Company is also registered as a charity, number 1120644. The Company is the trustee of Charity 527527 which holds in trust the Permanent Endowments of the School under a Charity Commission Scheme sealed on 2 July 2007 and altered by a further scheme sealed on 15 January 2008. The Scheme contains a Uniting Direction that the Charity and associated funds shall be treated as forming part of the Company for the purposes of Part 6 (accounting) of the Charities Act 2011. On 30 April 2019 RGS Dodderhill School, company number 00576888 and registered charity number 527599, donated all of its assets and liabilities to The Royal Grammar Schoo! Worcester. RGS Holdings Limited Company number 12364724 was incorporated in December 2019 to facilitate the establishment and operation of Worcester International Hockey Club Limited, a limited liability company, number 123866802 which was also incorporated in December 2079.

The objects of the School are the provision and conduct, in or near the City of Worcester, of a day or day and boarding school for boys and girls.

Accounting Policies. The following accounting policies have been used consistently in dealing with items which are considered material in relation to the Schoo! financial staternents.

Basis of Preparation. The financial statements have been prepared under the historical cost convention with items recognised at cost or transaction value unless otherwise stated in the relevant notes to these accounts. The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financia! Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2015) - (Charities SORP (FRS 102), and the Companies Act 2006. The Royal Grammar Schoo! Worcester constitutes a public benefit entity as defined by FRS 102.

Going Concern. The Company has cash resources and short term investments and the Directors have a reasonable expectation that the Company will have adequate resources to continue in operational existence for the foreseeable future. They continue to believe the going concem basis of accounting is appropriate in preparing the annual financial statements. Accounting Convention. The accounts are prepared under the historical cost convention, as modified by the revaluation of investment assets. Fees receivable and charges for services are accounted for in the period in which the service is provided. Fees receivable are stated after deducting allowances, scholarships and other remissions granted by the School.

Freehold Buildings. Cost shown in the Balance Sheet represents only expenditure incurred after the Schoo! became independent on 1 September 1983. The following, which are vested in the Official Custodian for Charities, as Scheduled in the 2008 Scheme for Charity 527527, are included at nil cost in the accounts: The Freehold of the School site and buildings, Whiteladies, Priory House and gardens, and Flagge Meadow. The School also has an uncosted interest in the River Sports Centre.

Capitalisation and Depreciation. Purchases of assets costing more than £1,000 and with a useful life of more than one year are capitalised at cost. Depreciation is provided on all tangible and intangible fixed assets, other than freehold land, on a straight line basis at rates calculated to write off the cost of each asset over its expected useful economic life as follows: Freehold buildings - 50 years Motor vehicles and computers - 5 years Fixtures, fittings and equipment - 8 years Intangible assets - 5 years

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THE ROYAL GRAMMAR SCHOOL WORCESTER ; NOTES ON ACCOUNTING POLICIES FOR YEAR ENDED 31 August 2023 : Investments. Investments are included at valuation at the Balance Sheet

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Investments. Investments are included at valuation at the Balance Sheet date. Realised and Unrealised gains and losses on investments are shown on the Statement of Financial Activities.

Scholarships and Bursaries. Financial assistance is given to pupils in the form of Scholarships and Bursaries.

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Investment and Other Income. This Is accounted for on a recelvable basis.

Donations and Legacies Receivable. Donations and Legacies are accounted for as and when entitlement r arises, the amount can be reliably quantified and the economic benefit to the School is considered probable. Net Tuition Fees Receivable. Fees receivable are accounted for in the period in which the service is provided. _ They are stated after deducting bursaries, scholarships and other remissions granted by the School. 1 Government Grants. These are credited to the statement of financial activities as the related expenditure is

Government Grants. These are credited to the statement of financial activities as the related expenditure is incurred.

; Resources Expended. Resources expended are accounted for on an accrual basis. Certain expenditure is apportioned to cost categories based on the estimated amount attributable to that activity in the year. : Irrecoverable VAT is included with the itern of expense to which it relates. Support costs are those costs incurred in the general running of the School. Governance costs comprise the costs of running the charity including external ‘ audit costs. Pension Schemes. The School coniributes to the Teachers’ Pension Scheme (a defined benefit scherne) at ‘ rates set up by the Scheme Actuary and advised to the Governors by the Scheme Administrator. For non-teaching staff, the School contributes to The Pensions Trust FRP defined contribution scheme. The School also makes pension AVC contributions at a rate of 2% to the Pension Trust Growth Plan Scheme for 2 (2022: 2) members of i staff who were previously members of the CARE 80 defined benefit scheme. t Unrestricted General Funds. These funds can be expended at the Governors’ discretion in accordance with the Charitable Objects. They represent. funds which have not been “earmarked” or “restricted” in any way.

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: Designated Funds. These funds represent funds which have been ring-fenced by the Governors for a specific purpose.

Restricted Funds. These include funds received from alumni and others with specific conditions for their use.

Endowed Funds. There are two Endowed Funds, The Mytton and Blasson Prize Fund and The Permanent Endowment, both held by Charity 527527 and invested in Charity Only Investment Funds.

L Taxation. As a registered charity, the School is not generally liable to corporation tax on surpluses. For this reason, no provision for corporation tax has besn included in the accounts. ; Liquid Resources. Fixed term deposits of less than one year are included in the Cashflow Statement as liquid resources.

Debtors. Short term debtors are measured at the transaction price, less any impairment.

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THE ROYAL GRAMMAR SCHOOL WORCESTER NOTES ON ACCOUNTING POLICIES FOR YEAR ENDED 31 August 2023

Liabilities and provisions. Liabilities are recognised when there is an obligation at the Balance sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are recognised at the amount that the School anticipates It will pay to settle the debt or the amount it has received as advanced payments for the goods or services it must provide.

Financial instruments. The charity only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable. Intangible assets. Software costs aro initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years. Amortisation of software and website development costs — 5 years.

Critical accounting estimates and areas of judgement The School makes estimates and assumptions concerning the future. The resulting accounting estimates and assumptions will, by definition, seldom equal the related actual results. The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year are discussed below:

() Pension deficit contribution. The School has entered into a commitment to provide deficit funding to The Pensions’ Trust Care Scheme and The Pensions’ Trust Growth Plan, of which it is a contributing employer. Under FRS 102, the fair value of the commitment is recognised. The calculation of the fair value of the commitment is subject to an assumption of the discount rate. The discount rate is determined by reference to market yields at the reporting date on high quality corporate bonds.

(ii) Recognition of legacies. The School recognises legacies when the economic benefit to the Schoo! is considered probable. Legacies can relate to cash or assets. Both require estimation if the legacy has not yet been received. The estimation of legacy income is based on information received from solicitors and a prudent approach is taken based on the[information][provided.]

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' THE ROYAL GRAMMAR SCHOOL WORCESTER | NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 August 2023 13

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1. SCHOOLFEES 2023
£000		 2022
£000
GrossTuition Fees
Pupil Lunches		 22,201
375		 20,072
329
Other Fees 521 372
Gross Fee Income 23,097 20,773
Less: Scholarships, Bursaries and otherRemissions (2,513) (2,132)
Net Fees 20,584 18,641
2023 2022
£000 £000
2. OTHER INCOME
Other educational charitable activities
Registration Fees 21 19
Other ancillary activities
RGSTheGrange Shuttle Bus 81 62
School Trips 1,005 836
Baby andToddlerGroups 6 6
1,092 904
Other incoming resources
Counselling recovery i:
|38
Lettings
SaleofFixedAssets~ Boatand Minibus
Solar FIT		 82
-
10		 82
22
9
Miscellaneous 203 33
338 184
Investment Income
Bank interest
Permanent Endowment Income		 84
7		 2
7
Myttonand Biasson interest 1 1
92 10
VoluntaryIncome
Donations
Grants from the RGSW&AOS Foundation		 67
142		 3
94
Legacies 11 3
220 100

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THE ROYAL GRAMMAR SCHOOL WORCESTER NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 August 2023

3. RESOURCESEXPENDED Staff
Costs
£000		 Other
£000		 Depreciation&
Amortisation
£000		 2023
Total
£000		 2022
Total
£000
Cosis ofgenerating voluntary
income 123 84 7 214 108
Charitable Activities
Teaching Costs		 11,428 731 440 12,599 11,3822
Welfare
Premises
Support Costs ofSchooling
Marketing and Advertising		 528
869
1,308
311		 926
1,912
2,039
249		 19
802
42
6		 1,473
3,583
3,389
566		 4,221
3,549
2,606
474
14,444 5,857 1,309 21,610 19,172
Total Resources Expended 14,567 5,944 1,316 21,824 19,280
StaffCosts 2023
£000		 2022
£000
Wages&Salaries 11,058 10,008
Social SecurityCosts
Pension Contributions		 1,042
1,989		 978
1,825
Training&Expenses 32 52
OtherCosts 446 165
14,567
The average numbers of fulltime equivalentemployees in the year 2023 2022
were:
Teachers
Others		 157
144		 145
134
298 279
The totalheadcountwas392(2022: 343)
The numberofemployeeswhoseemoluments emolumentsexceeded exceeded £60,000 2023 2022
were:
£60,001 - £70,000 4 4
£70,001 - £80,000
£80,001 -£90,000		 2
3		 3
2
£90,001 - £100,000 - -
£100,001 - £140,000 - -
£110,001
- £120,000		 - -
£120,001 -£130,000
£130,001 - £140,000		 -
-		 -
-
£450,001 - £160,000 1 1
10 10
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|\ | i | ' THE ROYAL GRAMMAR SCHOOL WORCESTER NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 August 2022 : { : 3. RESOURCES EXPENDED (continued) EXPENDED (continued) (continued) 2023 2022 : £000 £000 Remuneration of key personnel including Employer's Nationa! Insurance and :

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|||||||||| |---|---|---|---|---|---|---|---|---| |3.|RESOURCES EXPENDED (continued) EXPENDED (continued) (continued)|2023|2022| |£000|£000| |Remuneration|of|key|personnel|including|Employer's|Nationa!|Insurance|and| |Employer's|pension|contributions|(considered|to|be the|Governors|and| |Principal|Officers)|614|627|

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During the year there were redundancy or termination payments totalling £13,400 (2022: £6,207).

For the 10 employees (2022: 10) with emoluments greater than £60,000, 9 (2022: 9) were members of the defined benefit schemes with associated employer contributions of £207,679 (2022: £157,967)

Other than those transactions disclosed in Note 14, neither the Governors nor persons connected with them receive any remuneration or other benefits from the School or any connected organisation for their services. Trustee indemnity insurance is included in the School's insurance cover at no additional cost.

The Governance costs for 2023 are £24,069 (2022: £20,908).

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4. AUDITOR’S REMUNERATION
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||||||| |---|---|---|---|---|---| |2023|2022| |£000|£000| |Auditor’s|remuneration|for audit|services|21|18|

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|||||| |---|---|---|---|---| |Software|(including| |website|development)| |Cost| |At|1|September|2022|334| |Additions|——_——s——-| |At 31|August|2023|334| |Depreciation| |At|1|September 2022|306| |Charge for year|19| |At 31|August 2023|325| |Net|Book Amount| |At|31|August|2023|9| |At|1|September|2022|28|

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THE ROYAL GRAMMAR SCHOOL WORCESTER NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 August 2023

5b. TANGIBLE FIXED
ASSETS		 Freehold
Land		 Freehold
Buildings		 Fixtures
Fittings&
Equipment		 Grounds
Equipment&
MotorVehicles		 Total
Cost
At 1 September 2022
Additions		 £000
496
-		 £000
28,582
178		 £000
7,245
656		 £000
608
186		 £000
36,931
1,020
Disposals - - (51) (69) (120)
At 31 August2023 496 28,760 7,850 725 37,831
Depreciation
At1September 2022
Charge foryear
Disposals		 -
-
-		 9,139
575
-		 5,370
654
(49)		 495
68
(65)		 15,004
1,297
(114)
At 31 August 2023 - 9,714 5,975 498 16,187
NetBookAmount
At 31 August 2023 496 19,046 1,875 227 21,644
At1September2022 496 19,443 1,875 113 21,927

The freshoid buildings had a declared value for insurance purposes of £98m as at 31 Augusi 2023.

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THE ROYAL GRAMMAR SCHOOL WORCESTER

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||||||||| |---|---|---|---|---|---|---|---| |:|NOTES TO THE ACCOUNTS FOR YEAR ENDED|31|August|2023| |i| ||| |6.|FIXED ASSET INVESTMENTS|(UK|Listed)| |6a.|THE|PERMANENT|ENDOWMENT|FUND|2023|2022| |£000|£000| |Opening|market value|244|255|,| |Net|(losses)/gains|on|revaluation|(5)|(11)| |Closing|market|value|at|31|August|239|244| |-|Historic cost|at 31|August|150|150|||

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The above represents the Permanent Endowment for the School Charity 527527 scheduled in the 2007 Scheme. The investments currently comprise COIF Income Units only.

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||||||| |---|---|---|---|---|---| |6b.|ENDOWED|FUNDS|2023|2022| |Prize|Fund|£000|£000| |Opening|market value|33|35| |Net|(losses)/gains|on|revaluation|-|(2)| |Closing|market value|at 31|August|33|33| |Historic|cost|at 31|August|20|20|

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The above represents the tota! of the investments of the legacies to provide for the Mytton and Blasson Prizes. The investments currently comprise COIF Income Units only. These investments are included in the School Charity 527527 scheduled in the 2007 Scheme.

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|||||||| |---|---|---|---|---|---|---| |6c.|FIXED ASSET INVESTMENTS|(Unlisted)|2023|.|2022| |£000|£000| |RGSW|Holdings|Limited|(100%|dormant)|1|1|

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THE ROYAL GRAMMAR SCHOOL WORCESTER NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 August 2023 7a. DEBTORS

NOTES TO THE ACCOUNTS FOR YEAR ENDED 31
7a.		 NOTES TO THE ACCOUNTS FOR YEAR ENDED 31TO THE ACCOUNTS FOR YEAR ENDED 31THE ACCOUNTS FOR YEAR ENDED 31ACCOUNTS FOR YEAR ENDED 31FOR YEAR ENDED 31ENDED 3131 August 20232023
DEBTORS		 2023
£000		 2022
£000
Tuition fees and extras
Sundrydebtors
Amounts due from joint venture
Prepayments		 434
68
2,608
563		 630
68
2,528
499
3,673 3,720
==== =====
7b. OTHERCURRENTASSETS—————— 2023 2022
£000 £000
Cash atBankand in Hand 4,886 1,688
ShortTerm Deposits 1,000 2,500
5,886 4,188
8a. CREDITORS: Due within one year 2023 2022
£000 £000
Fees received in advance 1,946 1,734
Registration Deposits 159 162
Trade Creditors ~ 793 972
Social Security&OtherTaxes 258 241
Pension deficit funding liability (note 12c) 75 74
OtherCreditors 389 443
Accruals 72 86
3,692 3712

Included in Other Creditors are amounts owing to the Teachers’ Pension Scheme of £182,563 (2022: £170,401) and The Pension Trust of £58,039 (2022: £51,451).

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,THE ROYAL GRAMMAR SCHOOL WORCESTER NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 August 2023

8b. CREDITORS: Due after more than one year (excluding pension liability)

Accrued liabilities in respect offees received in advance: 2023 2022
£000 £000
> 5 years 223 168
Within 2 to5 years 1,201 651
Within 1 to 2 years 755 437
Within 1 year 2,179
1,946		 1,256
1,734
Balanceat31 August 4,125 2,990
The movements during theyearwere:
Balance at
1 September		 2,990 2,816
Netcash movement 2,867 1,882
5,857 4,698
Amounts utilised in fas payment (1,732) (1,708)
Balanceat31August 4,125 2,990

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THE ROYAL GRAMMAR SCHOOL WORCESTER NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 August 2023

9.
RESERVES
Balance at 1 Incoming Resources Investment Balance at31 Po:
September Resource Expended losses August2023 1
Endowment Funds 2022
£000s		 £000s £000s £000s £000s ;
ThePermanent Endowment
Fund
Prize Funds		 244
33		 -
-		 -
-		 (5)
-		 239
33		 if
;
Py
277 - - (5) 272
== ===== ===> ===> ===== :
Restricted Funds
Alumni Bursary 18 - (10) - 8 Lo
Debating
Drawings/Pictures		 1
1		 -
-		 (1)
(1)		 “
-		 -
-		 ;
og
HG
Alumni support
Gardening Club		 4
1		 -
-		 -
-		 -
-		 4
1
Mytton & Blasson Prize Fund ~ a (1) - -
Claines Physics Prize 3 - - - 3
Rugby Auction 3 - (3) - - ro
Tennis Sponsorship 5 - - - 5 i
RGSW &AOS Foundation - 142 (142) “ - .
Hardship Fund 2 - - - 2 a
RGS PTALand Rover 1 - - - 1 i
TheWareing Cup 1 - - - 1 ;
TheJames Kimberley Prize 1 - - - 1 :
AOArchives (oe 62 (38) - 24 1
CCF _ 4 (2) - 2
RGS PTA Photography - 1 - - 1 oe
rs 210 198 - 5
UnrestrictedFunds a-----+ senna weneee- wneeeee Seta .
GeneralReserves 24,638 22,137 21,626 - 25,149

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“9, RESERVES (continued) |

SummaryofFunds Balanceat 1
September2022
£000s		 Incoming
Resources
£000s		 Resources
Expended
£000s		 Investment
losses
£000s		 Balance at31
August2023
£000s
Endowment Funds 277 - - (5) 272
Restricted Funds
Unrestricted Funds		 41
24,638		 210
22,137		 198
21,626		 -
-		 53
25,149
24,956 22,347 21,824 (5) 25,474
=ss==5 ===== ===> ===== =s===

Endowment Funds:

The Endowment Funds represent the invested endowments of the School. The Permanent Endowment is listed in the Scheme for Charity 527527 of which the Company is the Trustee, plus the Mytton & Blasson Prize Fund. The Restricted Funds include monies from alumni for specific projects, including funds received for Bursary support.

Restricted Funds:

Alumni Bursary - Alumni bursary support

SME Debating Club Sponsorship

Drawings/Pictures Deposits donated for the commissioning of pictures of the RGS buildings Alumni support - Alumni support for Foundation

Gardening Club- Donation and prize money for the Gardening club Mytton and Blasson - Annual pupil prizes

Claines Physics Prize - Annual Physics award

Rugby - Auction proceeds Rugby equipment Tennis Sponsorship - LTA sponsorship

RGSW & AOS Foundation — Bursaries

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Hardship Fund

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RGS PTA Land Rover ~ support for DT project The Wareing Cup The James Kimberley Prize AO Archives CCF RGS PTA Photography

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|THE ROYAL GRAMMAR SCHOOLWORCESTER
NOTES TO THEACCOUNTSFORYEARENDED31August2023|THE ROYAL GRAMMAR SCHOOLWORCESTER
NOTES TO THEACCOUNTSFORYEARENDED31August2023|THE ROYAL GRAMMAR SCHOOLWORCESTER
NOTES TO THEACCOUNTSFORYEARENDED31August2023|THE ROYAL GRAMMAR SCHOOLWORCESTER
NOTES TO THEACCOUNTSFORYEARENDED31August2023||||| |---|---|---|---|---|---|---| |9.
RESERVES(PRIORYEAR)|||||||| |Balanceat 1
September||Incoming
Resource|Resources
Expended|Investment
losses|Balance at31
August2022||
:| |Endowment Funds|2021
£000s|£000s|£000s|£000s|£000s|ro
|| |The Permanent Endowment
Fund
PrizeFunds|255
35|-
-|-
-|(11)
(2)|244
33|,
{3| ||290|-|-|(13)|277|ot| ||===|tt}—} + —]|sss|—}—}——1—]|<sSsc==|j| |Restricted Funds||||||.
3| |Alumni Bursary|27|-|(9)|-|18|| |Debating
Dodderhill
Drawings/Pictures|1
2
1|-
-
-|-
(2)
-|-
-
-|1
-
1|i
.| |Alumni support|4|-|-|-|4|ot| |Gardening Club|1|1|(1)|-|1|| |Mytton & Blasson Prize Fund|-|1|(1)|-|-|'| |Claines Physics Prize|3|-|~|-|3|i| |RugbyAuction|3|-|-|-|3|| |Tennis Sponsorship|5|-|-|-|5|ae| |RGSW&AOS Foundation|-|94|(94)|-|-|an| |Bursaries||||||oo:| |RGSW&AOS Foundation—|3|-|(1)|-|2|.| |Hardship Fund||||||| |RGS PTA Land Rover|1|-|-|-|1|mo,| |RGS PTAHockey Boards|-|-|-|-|1|Co| |TheWareingCup|-|1|-|.|4|—| |TheJames Kimberley Prize|-|1|-|-|1|:| ||51|98|(108)|-|a:|| |||||||.| |Unrestricted Funds|clan|souecen|aaiaiaians|woman|conneen|| |GeneralReserves|24,050|19,760|(19,172)|-|24638||,|

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9.
RESERVES		 (PRIORYEAR) (continued) (PRIORYEAR) (continued)
Balanceat1
September2021
£000s		 Incoming
Resources
£000s		 Resources
Expended
£000s		 Investment
losses
£000s		 Balanceat31
August2022
£000s
Summary of Funds
Endowment Funds
Restricted Funds
Unrestricted Funds		 290
51
24,050
weneeee
24,391		 -
98
19,760
noomene
19,858		 -
(108)
(19,172)
cooeeee
(19,280)		 (13)
-
-
wroeeen
(13)		 277
41
24,638
noronee
24,956

Endowment Funds:

The Endowment Funds represent the invested endowments of the School. The Permanent Endowment is listed in the Scheme for Charity 527527 of which the Company is the Trustee, plus the Mytton & Blasson Prize Fund, The Restricted Funds include monies from alumni for specific projects, including funds received for Bursary support.

Restricted Funds:

Alumni Bursary - Alumni bursary support SME Debating Club Sponsorship Dodderhill transferred with the merger

Drawings/Pictures Deposits donated for the commissioning of pictures of the RGS buildings Alumni support - Alumni support for Foundation

Gardening Club - Donation and prize money for the Gardening club Mytton and Biasson - Annual pupil prizes Claines Physics Prize - Annual Physics award

Rugby - Auction proceeds Rugby equipment Tennis Sponsorship - LTA sponsorship

RGSW & AOS Foundation — Bursaries RGSW & AOS Foundation - Hardship Fund RGS PTA Land Rover — support for DT project RGS PTA Hockey Boards — support for Honours Board The Wareing Cup The James Kimberley Prize

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THE ROYAL GRAMMAR SCHOOL WORCESTER NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 August 2023

10. ANALYSIS OF NET ASSETS BETWEEN FUNDS

TheNetAssets Tangible
Fixed Assets
£000		 Intangible
Fixed Assets
£000		 Investments
£000		 Netcurrent
Assets
£000		 Longterm
_Liabilitles
£000		 2023
Total
£000		 2022
Total
£000
are Funded as
follows:
Unrestricted Funds
Restricted Funds
Endowment Funds		 21,644
-
-		 9
-
-		 1
-
272		 5,842
53
-		 (2,347)
-
-		 25,149
53
272		 24,638
41
277
21,644 9 273 5,895 (2,347) 25,474 24,956
40. ANALYSISOF NET OF NETASSETSBETWEEN BETWEEN FUNDS (PRIORYEAR)
TheNetAssets
areFunded as
follows:		 Tangible
FixedAssets
£000		 Intangible
Fixed Assets
£000		 Investments
£000		 Netcurrent
Assets
£000		 Longterm
_Llabilities
£000		 2022
Total
£000		 2021
Total
£000
Unrestricted Funds 21,927 28 1 4,142 (1,460) 24,638 24,050
Restricted Funds . . . a“ . 41 54
Endowment Funds - - 277 - - 277 290
21,927 28 278 4,183 (1,460) 24,956 24,391
  1. CAPITAL COMMITMENTS

Capital expenditure of £NIL (2022: £nil) has been authorised and contracted for as at 31 August 2023. 12. PENSIONS

12a. Teaching Staff

PENSION SCHEME

The School participates in the Teachers’ Pension Scheme (“the TPS”) for its teaching staff. The pension charge for the year includes contributions payable by the School to the TPS of £1,608,866 (2022: £1,479,868) and at the year-end £182,563 (2022: £170,401) was accrued in respect of contributions to this scheme.

The TPS is an unfunded multi-employer defined benefits pension scheme governed by The Teachers’ Pensions Regulations 2010 (as amended) and The Teachers’ Pension Scheme Regulations 2014 {as amended). Members contribute on a “pay as you go” basis with contributions from members and the employer being credited to the Exchequer. Retirement and other pension benefits are paid by public funds provided by Parliament.

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| THE ROYAL GRAMMAR SCHOOL WORCESTER NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 August 2023 7 i The employer contribution rate is set by the the Secretary of State State

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r 31 March 2020 and the Valuation Report was was published in October 2023. i Following the McCloud judgement, the remedy proposed that when benefits become payable, eligible ; members can select to receive them from sither the reformed or legacy schemes for the period 1 April ‘ 2015 to 31 March 2022. Tne actuaries have assumed that members are likely to choose the option that . provides them with the greater benefits, and in preparing the 2020 valuation have valued the ‘greater value’ - benefits for groups of relevant members. : The valuation confirmed that the employer contribution rate for the TPS would increase from 23.6% to 28.6% from 1 April 2024. Employers are also required to pay a scheme administration levy of 0.08% giving ' a total employer contribution rate of 28,68%.

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The employer contribution rate is set by the the Secretary of State State following scheme valuations undertaken by the Government Actuary’s Department. The most recent actuarial valuation of the TPS was prepared as at 31 March 2020 and the Valuation Report was was published in October 2023.

12b. Support Staff

The School has previously participated in both the CARE and Growth Plan defined benefit schemes independently administered by The Pensions Trust. Both these schemes have been closed to existing and new members. Members were initially moved to the CARE defined contribution scheme, but this was closed in March 2016 and all members were moved to the FRP defined contribution scheme also administered by The Pensions Trust. The FRP DC scheme has tiered employer contributions ranging from 10% to 13% (ihe same as the CARE DC scheme) and, at 31 August 2023, had 166 (2022: 147) members.

The pension cost charge amounting to £381,968 (2022: £345,728) represents the full contribution payable for the period by the Schoo! to The Pensions Trust for all pensions provided. At the year-end £58,038 (2022: £51,451) was accrued in respect of contributions to these schemes. There are 2 members of staff (2022: 2) for whom a 2% employer AVC is paid into the Growth Pian. This obligation arises from an agreement made when a previous DB scheme was closed.

Both the CARE 80 and the CARE 100 Defined Benefit Schemes and the Growth Plan are multi-employer “schemes and the schemes’ actuary has advised that-the assets and liabilities are not segregated for each contributing employer. Hence it is not possible to separately identify the assets and liabilities relating to The Royal Grammar School Worcester for the purposes of FRS102.

CARE Defined Benefit Scheme

RGS was notified by The Pensions Trust, of the estimated employer debt on withdrawal from Tha CARE Scheme, based on the financial position of the Scheme as at 30 September 2022. At this date, the estimated employer debt for RGS was £881,655 (2021: £1,728,204).

It was agreed that from 1 April 2012, additional annual contributions towards the Scheme’s deficit, would be payable by The Royal Grammar School Worcester. This plan was superseded by a revised deficit repayment plan commencing 1 July 2015 covering the period to 30 April 2027. There have since been multiple iterations of this repayment plan and for the year April 2023 to March 2024, the RGS Worcester liability is £57,717 plus expenses of £5,926, a total of £63,643. The total of deficit payments paid in the year 2022/23 was £61,790 (2022: £60,333}.

Growth Plan

RGS have been notified by The Pensions Trust of the estimated employer debt on withdrawal from the Pian based on the financial position of the Plan as at 30 September 2022. At this date, the estimated employer debt for RGS was £193,404 (2021: £374,855).

Deficit contributions have been required since April 2016 and will be payable by The Royal Grammar School Worcester for a period of ten years. For the year April 2023 to March 2024, the RGS Worcester liability is £17,620 plus expenses of £20,285, The total of deficit payments paid in the year 2022/23 was £37 357 (2022: £49,429).

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THE ROYAL GRAMMAR SCHOOL WORCESTER NOTES TO THE ACCOUNTS FOR YEAR ENDED 31 August 2023 12c. FRS (102) Section 28 Pension FRS (102) Section 28 Pension (102) Section 28 Pension Section 28 Pension 28 Pension Pension Deficit Provisions Provisions

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||||||||||| |---|---|---|---|---|---|---|---|---|---| |12c. FRS (102) Section 28 Pension FRS (102) Section 28 Pension (102) Section 28 Pension Section 28 Pension 28 Pension Pension|Deficit Provisions Provisions||| |2023||| |£000|2£|0|2200|i|:| |CARE Scheme|220|a2| |Growth|Plan|24|40||| |t| |anneunae|--------|5|F| |Of the|total|deficit|of £243,530|an amount|of £75,337|is due within one year|244|312| |13.|FINANCIAL INSTRUMENTS|.-| |2023|2022|i:| |£000|£000|mo| |Financia!|assets|measured|at fair value through the|Income|and|Expenditure account|272|277|co| |Financial|liabilities|measured|at fair value through the Income and|Expenditure account|224|312|os|

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Financial liabilities measured at fair value through the Income and Expenditure account comprise the defined benefit pension scheme deficit funding liability.

44. RELATED PARTIES

The RGSW and AOS Foundation made grants to the School in the year totalling £141,613 (2022: £94,375).

Miss M Poole daughter of the Chairman, Mr JQS Poole is employed as Nursery Manager at RGS Dodderhill and receives a salary of £23,089 per annum.

Mr P Cross, husband of Board member Mrs MJ Cross, was contracted as a Teacher at RGS Doddernhill and received a salary of £36,252; he has been employed from 1 September 2020.

RGS Worcester and Worcester Hockey Club have established a joint venture, Worcester International Hockey Limited, which was incorporated in December 2019. RGS Worcester and Worcester Hockey Club each own 50% of the voting share capital. Worcester International Hockey Limited’s indebtedness to RGS Worcester at 31 August 2023 was £2,607,969 (2022: £2,528,042).

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